This post is in continuation of my 5 Stocks Series (see here).
Rail Wagon Stocks are having a terrible time this year as the table below indicates:
| Symbol | Close on 31 Dec, 2012 | Close on 18 April, 2013 | Loss |
| TEXRAIL | 66.00 | 49.95 | -24.32% |
| KALINDEE | 101.80 | 49.45 | -51.42% |
| TWL | 358.70 | 169.1 | -52.86% |
| CEBBCO | 92.60 | 29.95 | -67.66% |
In an earlier post, I had blogged about Crisil having a webinar on realty stocks on 19th Dec, 2012 and had enclosed their report as well.
Crisil had made a strong buy recommendation on these stocks and it would be interesting to see how their picks performed Vs the Market.
The table below indicates the performance (19th Dec, 2012-22nd Jan, 2013)
Nifty: + 2%
Ashiana: -6.5%
Bhartiya: +3.6%
Niteshest: -20%
Parsvnath:-7%
Phoneixltd:-1%
Would track these picks on a 1/3/6/12 month basis just to see how they fared over a year
I always find it interesting when a sector under performs when the markets are doing well.
Cement has been the big underperformer of 2013 so far as can be seen from the table below (Close of 31 Dec,2012-Close of 15 Jan 2013):
| Company | Rise/Decline in % |
| BIRLACORPN | 7.083471899 |
| NCLIND | 4.485488127 |
| ANDHRACEMT | 3.333333333 |
| BURNPUR | 2.325581395 |
| OCL | 1.061712011 |
| KAKATCEM | -0.777047221 |
| AMBUJACEM | -1.443504231 |
| PRISMCEM | -2.104208417 |
| SANGHIIND | -2.232142857 |
| BINANIIND | -2.372262774 |
| SHREECEM | -2.56092835 |
| INDIACEM | -2.916895982 |
| ACC | -3.05823209 |
| ULTRACEMCO | -3.310174697 |
| BVCL | -3.553299492 |
| HEIDELBERG | -3.726708075 |
| MADRASCEM | -5.571370476 |
| GUJSIDHCEM | -5.576208178 |
| JKCEMENT | -6.493686693 |
| KCP | -7.3089701 |
| CHETTINAD | -8.026554013 |
| SAGCEM | -8.631977946 |
| DECCANCE | -8.787878788 |
| MANGLMCEM | -10.45679692 |
| JKLAKSHMI | -12.22531724 |
Realty stocks seems to be back in focus for punters in the market.
We have stocks like Ashiana Housing and Kolte Patil at 52 week highs.
Kolte Patil is especially interesting…it has zoomed by nearly 70% in the last one month alone (16 Nov-18 Dec)
Thats whats makes the Indian equity markets so exciting…there is never a dull moment !
Readers may be interested in knowing that Crisil is conducting a free webinar tomorrow on select real estate companies.According to them, “these select real estate companies are at historical low valuations and offer strong upside”
The companies are Ashiana Housing Ltd , Bhartiya International Ltd , Nitesh Estates Ltd ,Parsvnath Developers Ltd and The Phoenix Mills Ltd
Had gone shopping for diyas and oil for Diwali.The high price of oil gave me a minor sticker shock.
A bit of data digging reveals that Solvent Extractors have been the worst performers of the stock market.
Check out the last one years performance (2 Nov 2011-2 Nov 2012):
KSE (-11.29%)
RuchiSoya (-39.27%)
Gokul (-55%)
KSOils(-55.67%)
RajOil (-78.35%)
So just like you can have high realty prices but lousy real estate stock prices, you can have high oil prices but lousy stock prices.